Listing ID : 850618
Listed On September 18, 2024 96
Listing Updated September 19, 2024
Presenting a fully built out and operational cannabis dispensary in Palm Springs, CA (Pop 45k+) that includes the Real Estate, representing a greater value! Spanning 2,200 SqFt, the business is located in a prime area with 8 assigned parking spaces plus additional street parking. The real estate which is included in the sale, has been appraised at $1 million! The new owner is getting a fully operational dispensary within the value of just the property!
What truly sets this opportunity apart is the fact that the business is completely free of debt and liabilities, a rare find in today’s competitive cannabis market. With no pending litigation and all assets included in the sale, this is a turnkey operation ready for a new owner to step in seamlessly and begin operations. The included annual retail storefront license with delivery allowing the new owner to expand services and increase the businesses revenues. The existing book of business provides an established customer base, making this a low-risk and high-potential investment.
Palm Springs Recently Reduced Their Retail Cannabis Tax From 10%-5%
Details:
Space: 2,200 SqFt
Rent: $5,000/Month
Assigned Parking: 8 Assigned + Street Parking
Book of business – Included
All Assets Included Sale
RE Value: Appraised at $1mil
No Debt or Liabilities
No Pending Litigation
Licenses:
Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Asking Price: $1,050,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Tom Milks, DRE CA LIC# 02064305
If you have any questions Call Tom (619) 972-5952
Or Email : tom@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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